1. History and Basics of Accounting
However, one of the most important events which led to modern accounting begins in 15th century Venice, Italy, due to a number of factors. To begin with, since Venice was a small city built of canals, they turned their weaknesses into strengths, and developed one of the world's greatest economies with the help of skilled merchants and their proficiency in maritime culture which would not only sustain the city but make it the primary trading hub between mainland Europe and Asia. ... Merchants soon dealt with an enormous amount of money and transactions; they needed a more efficient and sta...
- Word Count: 1291
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate